Decmil Group (ASX:DCG) - Managing Director and CEO, Dickie Dique
Managing Director and CEO, Dickie Dique
Source: Business News
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Decmil Group (DCG) has been awarded $51 million in works as part of the balance of plant contract for the Ryan Corner Windfarm in Victoria
  • The contract includes the design and construction of the civil and electrical works, including wind turbine bases, access tracks, site cabling and a switch room
  • The $71 million contract has been awarded to the joint venture between Decmil and RJE Global, with RJE to receive the remaining $20 million
  • Work is scheduled to begin in December and is expected to be completed by the end of 2021
  • Decmil is up 7.44 per cent on the market and shares are currently trading for 65 cents each

Decmil Group (DCG) has been awarded $51 million in works as part of the balance of plant contract for the Ryan Corner Windfarm in Victoria.

The Ryan Corner balance of plant contract is a $71 million contract that has been awarded to the joint venture (JV) between Decmil and engineering and construction company RJE Global.

RJE Global will receive the remaining $20 million.

The contract includes the design and construction of the civil and electrical works, including wind turbine bases, access tracks, site cabling and a switch room.

It was awarded by Spanish multinational Naturgy Energy Group’s subsidiary, GPG.

Ryan Corner will be the third windfarm developed by GPG after the successful completion of the 96 megawatt (MW) Crookwell 2 Windfarm and the 180MW Berrybank Stage-1 Windfarm.

“This award is a testament to our proven track record in successfully delivering windfarm projects, following the successful electrification of the Warradarge and Yandin wind farms this fiscal year,” CEO Dickie Dique said.

“The contract also further strengthens our long-standing relationship with RJE, who worked with us as subcontractors for the Warradarge and Yandin projects,” he added.

Work is scheduled to begin in December and slated for completion by the end of 2021.

Decmil is up 7.44 per cent on the market and shares are trading for 65 cents each at 12:20 pm AEDT.

DCG by the numbers
More From The Market Online

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Monadelphous (ASX:MND) has flagged its receipt of a $200M contract with Woodside Energy (ASX:WDS).
Ai gen mine

SRG Global flags FY24 earnings just short of $100M; sees 10% jump in FY25

SRG Global (ASX:SRG) has told the market it expects FY24 earnings to be in the upper…
3D Printing

AML3D tweaks metal 3D printing tech for use by third party Oz defence supplier

AML3D has announced a $280,000 contract to upgrade an existing robotic welding system with the company's…
AI gen large drone

Electro Optic Systems inks 92% revenue growth for 1H CY24

ASX defence stock Electro Optic Systems has announced it saw revenue grow 92% to $142.6M in…